ISLAMABAD: The Federal Board of Income (FBR) prolonged on Friday the deadline for submitting of revenue tax returns for the yr 2018 to Aug 9.
“In Continuation of Round No. 07/2019 dated 02.07.2019 and in train of the powers conferred below Part of 214A of the Revenue Tax Ordinance, 2001, the Federal Board of Income is happy to additional prolonged the date of submitting of Revenue Tax Returns/Statements for the tax yr 2018 for particular person/AOPs and firms as much as 9th August, 2019,” reads a notification issued by FBR.
Earlier, on July 14, FBR had prolonged the final date for submitting tax returns for the yr 2018 until August 2.
FBR chairman Shabbar Zaidi in a press launch had urged the folks to profit from this chance and file their tax returns well timed to keep away from difficulties.
He mentioned in keeping with the Revenue Tax Ordinance, submitting of the tax return is obligatory for many who personal a home bigger than 5 hundred sq. yards or a automobile over 1000 cc.
The chairman FBR mentioned that in keeping with Clause 181 AA of The Revenue Tax Ordinance 2001, it’s crucial for the industrial and industrial fuel and electrical energy customers to turn into a part of the Lively Taxpayers Listing (ATL).